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Opens Slightly Cheaper Ahead Of Non-Farm Payrolls Later Today

US TSYS

TYZ3 is currently trading at 107-07+, -0-02+ from NY closing levels.

  • Cash tsys have opened slightly cheaper in the Asia-Pac session after a twist-steepening of the curve during yesterday’s NY session.
  • Attention remains focused on the release later today of September’s Non-Farm Payrolls report. Bloomberg consensus expects +170k versus +187k prior. The unemployment rate is forecast to dip to 3.7% from 3.8% prior.

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